STEINHOFF AFRICA RETAIL LIMITED - Claim Lodged By Founders And Original Shareholders Of Tekkie Town Against Steinhoff International Holdings N.V.
SRR 201805110039A
Claim Lodged By Founders And Original Shareholders Of Tekkie Town Against Steinhoff International Holdings N.V.
Steinhoff Africa Retail Limited
(Previously K2017221869 (South Africa) Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2017/221869/06)
Share Code: SRR
ISIN: ZAE000247995
(“STAR” or the “Company”)
CLAIM LODGED BY FOUNDERS AND ORIGINAL SHAREHOLDERS OF TEKKIE TOWN AGAINST
STEINHOFF INTERNATIONAL HOLDINGS N.V.
STAR has taken note of the claim lodged by founders and original shareholders of Tekkie Town
against Steinhoff International Holdings N.V. (“Steinhoff”). STAR clarifies that this claim is not
against STAR and that STAR is an independently listed company. Tekkie Town, originally
acquired by Steinhoff in 2016, was sold to STAR in 2017 prior to its listing.
In this regard, STAR has proactively obtained advice from senior counsel regarding the claim
lodged against Steinhoff and believes the likelihood of this affecting STAR is remote.
Parow
11 May 2018
Sponsor:
PSG Capital
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